Utilities stocks
87 US-listed companies in the utilities sector reported $585.7bn of revenue in their latest fiscal years. Duke Energy is the largest, with $32.2bn. Among companies with at least $100m of revenue, the median grew 9.0% and kept 12.0% of revenue as net income.
Companies87
Combined revenue$585.7bn
Median revenue growth9.0%
Median net margin12.0%
Median return on equity9.4%
Largest utilities companies
| # | Company | Revenue | Growth | Net margin | ROE | Fiscal year |
|---|---|---|---|---|---|---|
| 1 | Duke EnergyDUK | $32.2bn | 6.2% | 15.4% | 9.7% | 2025 |
| 2 | NRG EnergyNRG | $30.7bn | 9.2% | 2.8% | 41.5% | 2025 |
| 3 | Southern CompanySO | $29.6bn | 10.6% | 14.7% | 12.5% | 2025 |
| 4 | NextEra EnergyNEE | $27.4bn | 10.7% | 24.9% | 13.1% | 2025 |
| 5 | Constellation EnergyCEG | $25.5bn | 8.3% | 9.1% | 16.8% | 2025 |
| 6 | PG&E CorporationPCG | $24.9bn | 2.1% | 10.4% | 8.3% | 2025 |
| 7 | ExelonEXC | $24.3bn | 5.3% | 11.4% | 9.9% | 2025 |
| 8 | American Electric PowerAEP | $21.9bn | 10.9% | 16.4% | 12.3% | 2025 |
| 9 | Edison InternationalEIX | $19.3bn | 9.8% | 23.1% | 26.9% | 2025 |
| 10 | Vistra Corp.VST | $17.7bn | 3.0% | 5.3% | 17.7% | 2025 |
| 11 | Consolidated EdisonED | $16.9bn | 10.9% | 12.0% | 8.8% | 2025 |
| 12 | Dominion EnergyD | $16.5bn | 14.2% | 18.2% | 10.7% | 2025 |
| 13 | DTE EnergyDTE | $15.8bn | 26.9% | 9.2% | 12.2% | 2025 |
| 14 | FirstEnergyFE | $15.1bn | 12.0% | 6.8% | 8.2% | 2025 |
| 15 | Xcel EnergyXEL | $14.7bn | 9.1% | 13.8% | 9.4% | 2025 |
| 16 | SempraSRE | $13.7bn | 3.9% | 13.4% | 5.8% | 2025 |
| 17 | Eversource EnergyES | $13.5bn | 13.8% | 12.5% | 10.8% | 2025 |
| 18 | Entergy Louisiana, LLCELC | $12.9bn | 9.0% | 13.6% | 11.0% | 2025 |
| 19 | EntergyETR | $12.9bn | 9.0% | 13.6% | 11.0% | 2025 |
| 20 | AES CorporationAES | $12.2bn | −0.4% | 7.4% | 23.6% | 2025 |
| 21 | Public Service Enterprise GroupPEG | $12.2bn | 18.3% | 17.3% | 12.8% | 2025 |
| 22 | WEC Energy GroupWEC | $9.8bn | 14.0% | 15.9% | 11.6% | 2025 |
| 23 | CenterPoint EnergyCNP | $9.4bn | 8.3% | 11.2% | 9.6% | 2025 |
| 24 | PPL CorporationPPL | $9.0bn | 6.9% | 13.1% | 8.2% | 2025 |
| 25 | AmerenAEE | $8.8bn | 15.4% | 16.5% | 11.4% | 2025 |
Industries in utilities
- Electric Utilities27 companies, $311.3bn
- Multi-Utilities19 companies, $177.3bn
- Independent Power Producers & Energy Traders6 companies, $48.6bn
- Gas Utilities12 companies, $25.1bn
- Water Utilities12 companies, $17.3bn
- Renewable Electricity11 companies, $6.0bn